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It isn't a ponzi scheme, it's worse. It's a ponzi scheme because a lot pay into a few, but the few in this case aren't the retired, it's the people that benefit from out tax money. Like, Israel and the military industrial complex. If you kept that money for yourself and invested it, you'd be a millionaire at retirement age. That's how they're stealing from you. Yea, you could be a milloinaire, but they convinced you that getting 1500$ a month is a better deal.